Citicorp has launched a business unit to assist small and medium-size companies in Hong Kong with funding and transaction services.

The banking company said in a release that the recently created unit will work with companies with annual sales of less than $51 million. Citicorp estimated there are more than 300,000 small to medium-size companies in Hong Kong, many of which have good potential for growth.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.